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Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Arex Industries Limited produces and exports high-quality narrow woven fabrics and related textile products for customers in both local and global markets.
The product portfolio of the company includes the following
(a) Narrow Woven Fabrics:Arex Industries makes narrow woven fabrics for clothing, cars, and medical use.
(b) Elastic Tapes and Webbings:The company manufactures a variety of elastic tapes and webbings to meet specific client needs.
(c) Customized Textile Solutions:Arex Industries customizes solutions to meet clients' unique needs, ensuring high customer satisfaction.
Arex Industries has modern manufacturing facilities with advanced technology, ensuring high-quality standards. They have a significant presence in both domestic and international markets, allowing them to serve a diverse range of clients. The company has received awards for its commitment to quality and innovation and is a leading exporter of narrow-woven fabrics. Arex Industries continues to invest in research and development to meet the evolving needs of its customers.
| Issue Period | |
| Security Name | Arex Industries Ltd. |
| Issue Type | Tender Offer |
| Issue Size (Shares) | 360,000 |
| Issue Size (Amount) | ₹7.02 Crores |
| Buyback Price | ₹195 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Last Date to buy shares | September 5, 2024 |
| Record Date | September 7, 2024 |
| Offer Opens On | |
| Last Date for receipt of Tender Forms | |
| Offer Closes On * | |
| Finalisation of Buyback Acceptance | |
| Last Date for settlment of bids | |
| Last Date for Extinguishment of Shares |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | |||||||||||||||||||||||||||
| Assets | 52.69 | 58.45 | 62.66 | |||||||||||||||||||||||||||
| Revenue | 45.16 | 53.82 | 40.92 | |||||||||||||||||||||||||||
| Profit After Tax | 0.7 | 3.7 | -1 | |||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||
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Arex Industries Ltd.
612,GLD.C. Estate,
Chhatral, Tal. Kalol
Dist. Gandhinagar-382729
Phone: +91 2764 233437
Email: mail@arex.in
Website: https://www.arex.co.in/
Lead Manager(s)
The Arex Industries Buyback 2024 open and close dates are not available as of now.
Last date to be eligible to participate in buyback is September 5, 2024.
The Arex Industries Buyback 2024 is a Tender Offer.
Sorry the Arex Industries Buyback 2024 timelines are not available at this time.
The Arex Industries Buyback 2024 is being offered at Rs ₹195 per share per equity share.
The record date for the Arex Industries Buyback 2024 is September 7, 2024.
The issue size of Arex Industries Buyback 2024 is of 360,000 equity shares at ₹195 per share aggregating upto ₹7.02 Crores.
The necessity for Arex Industries Buyback 2024 is not yet declared.
All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.
The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.
The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.
The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.
The Arex Industries Buyback 2024 offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.
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